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Key Details
Sold Price $485,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Deanwood
MLS Listing ID 1001358337
Sold Date 03/25/16
Style Other
HOA Y/N N
Originating Board MRIS
Year Built 1941
Annual Tax Amount $2,056
Tax Year 2015
Lot Size 3,266 Sqft
Acres 0.07
Property Description
Excellent opportunity to own a well-maintained investment property in the nations capitol! Four (4) 2br, 1ba units have separate meters. Fully leased bringing in $4,200/mo, cap rate 10.4% ($50,800 of rents) and 75% of the rent is guaranteed from housing. Improvements including a (new flat roof, new pipes, new stoves and new water heater in one unit). Total improvements $30k in the past year.
Location
State DC
County Washington
Zoning RES
Interior
Interior Features Wood Floors
Hot Water Natural Gas
Heating Baseboard, Radiator
Cooling Window Unit(s), Ceiling Fan(s)
Equipment Disposal, Microwave, Oven/Range - Gas, Refrigerator
Fireplace N
Appliance Disposal, Microwave, Oven/Range - Gas, Refrigerator
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5046//0055
Ownership Fee Simple
Special Listing Condition Standard
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Bought with Morgan N Knull • RE/MAX Gateway
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Bob Gauger
Broker Associate | License ID: 312506
Broker Associate License ID: 312506